Price Action Don’t Lie: What Next for Government Properties Income Trust Stock After Today’s Huge Increase?

Price Action Don't Lie: What Next for Government Properties Income Trust Stock After Today's Huge Increase?

The stock of Government Properties Income Trust (NASDAQ:GOV) is a huge mover today! About 160,309 shares traded hands. Government Properties Income Trust (NASDAQ:GOV) has declined 0.59% since April 18, 2016 and is downtrending. It has underperformed by 5.02% the S&P500.
The move comes after 7 months positive chart setup for the $1.33B company. It was reported on Nov, 18 by Barchart.com. We have $22.80 PT which if reached, will make NASDAQ:GOV worth $292.60 million more.

According to Zacks Investment Research, “Government Properties Income Trust is a real estate investment trust (REIT). The Company was formed to invest in properties that are leased to government tenants. The Company owns 29 properties, 25 of which are leased primarily to the United States Government and four of which are leased to the states of California, Maryland, Minnesota and South Carolina, respectively. The Company is a wholly owned subsidiary of HRPT Properties Trust (HRPT).”

Insitutional Activity: The institutional sentiment decreased to 0.79 in 2016 Q2. Its down 0.45, from 1.24 in 2016Q1. The ratio dived, as 18 funds sold all Government Properties Income Trust shares owned while 61 reduced positions. 25 funds bought stakes while 73 increased positions. They now own 44.01 million shares or 1.97% more from 43.16 million shares in 2016Q1.
Northern Trust Corporation reported 1.07 million shares or 0.01% of all its holdings. Investment Limited Liability Com has 35,981 shares for 0.08% of their US portfolio. Amica Retiree Tru has 0.02% invested in the company for 915 shares. The Michigan-based & Mgmt Group has invested 0.19% in Government Properties Income Trust (NASDAQ:GOV). Winch Advisory Svcs Limited Liability Corporation owns 335 shares or 0.01% of their US portfolio. Moreover, Cetera Advisors Ltd Liability Com has 0.02% invested in Government Properties Income Trust (NASDAQ:GOV) for 9,355 shares. Blackrock Gp Limited last reported 446,624 shares in the company. Hl Ltd Liability Company last reported 51,792 shares in the company. Loews Corporation accumulated 0% or 11,526 shares. Rhumbline Advisers holds 0.01% of its portfolio in Government Properties Income Trust (NASDAQ:GOV) for 106,664 shares. Ladenburg Thalmann Financial Services holds 0.02% of its portfolio in Government Properties Income Trust (NASDAQ:GOV) for 54,655 shares. Summit Wealth Limited Liability Com has invested 2.42% of its portfolio in Government Properties Income Trust (NASDAQ:GOV). Koshinski Asset Mngmt Incorporated accumulated 26,828 shares or 0% of the stock. The Louisiana-based Louisiana State Employees Retirement Systems has invested 0.04% in Government Properties Income Trust (NASDAQ:GOV). Benedict Fincl Advisors holds 0.22% or 16,400 shares in its portfolio.

More notable recent Government Properties Income Trust (NASDAQ:GOV) news were published by: Businesswire.com which released: “Government Properties Income Trust Third Quarter 2016 Conference Call …” on October 13, 2016, also Seekingalpha.com with their article: “Government Properties Income Trust’s (GOV) on Q3 2016 Results – Earnings Call …” published on October 27, 2016, Seekingalpha.com published: “Beyond Government Properties Income Trust’s Dividend” on September 18, 2016. More interesting news about Government Properties Income Trust (NASDAQ:GOV) were released by: Seekingalpha.com and their article: “Government Properties Income Trust’s Dividend Is Unsustainable” published on October 31, 2016 as well as Seekingalpha.com‘s news article titled: “Government Properties Income Trust – The Puppet REIT” with publication date: April 05, 2016.

GOV Company Profile

Government Properties Income Trust, incorporated in February 17, 2009, is a real estate investment trust (REIT). The Firm operates in two divisions: ownership of properties that are primarily leased to Government tenants, and its equity method investment in Select Income REIT (SIR). The Company’s properties are located in Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Minnesota, Massachusetts, Missouri, New Jersey, New York, New Mexico, Oregon, South Carolina, Texas, Vermont, Washington West Virginia and Wyoming, among others.

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